this Cournot Equilibrium is worse than monopoly,

古诺均衡劣于垄断
but better than perfect competition.

优于完全竞争
And from the point of view of the rest of us, the consumers,

而从消费者的角度来看
this Cournot quantity is worse than perfect competition

古诺均衡劣于完全竞争
but better than monopoly.

但优于垄断情况
The only rider on that being, if they're producing Coca-Cola

如果可口可乐是唯一的生产者
and you have any kind of concern for your teeth,

并且你狠关心牙齿健康的话
maybe you shouldn't produce so much anyway.

或许你就不应该生产这么多产品了
So, so far what we've done is we've looked at this sort of classic,

到现在为止我们只学了经典案例
I admit not the most exciting game in the world,

我承认这不是什么有趣的博弈
but classic application of Game Theory to imperfect competition.

只是博弈论在不完全竞争市场的应用
Next time I'm actually going to take this a bit further

下一讲我们讲得会更深入一些